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China sovereign rating News

Fitch Downgrades Alibaba and Tencent: A Sign of China's Economic Shifts?

Olivia Carter 09 Apr, 2025

Fitch Ratings has downgraded Alibaba and Tencent following China's sovereign rating cut, highlighting the close ties between these companies' ratings and China's economic policies....

Business

Fitch Downgrades Alibaba and Tencent Ratings Following China's Sovereign Rating Cut

Olivia Carter 09 Apr, 2025

Fitch Ratings downgraded Alibaba and Tencent to 'A' from 'A+' following China's sovereign rating cut to 'A'. Tencent Music also saw a downgrade. The move reflects the close ties be...